Brokers Offer Predictions for CVB Financial FY2026 Earnings

CVB Financial Corporation (NASDAQ:CVBF - Free Report) - Research analysts at DA Davidson decreased their FY2026 earnings per share (EPS) estimates for CVB Financial in a note issued to investors on Monday, September 29th. DA Davidson analyst G. Tenner now expects that the financial services provider will earn $1.54 per share for the year, down from their prior estimate of $1.57. The consensus estimate for CVB Financial's current full-year earnings is $1.41 per share.

CVB Financial (NASDAQ:CVBF - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The financial services provider reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.01. CVB Financial had a return on equity of 9.21% and a net margin of 30.99%.The business had revenue of $126.35 million during the quarter, compared to analyst estimates of $127.95 million. During the same period in the prior year, the company posted $0.36 earnings per share.

CVBF has been the subject of several other reports. Keefe, Bruyette & Woods dropped their price objective on CVB Financial from $25.00 to $24.00 and set an "outperform" rating for the company in a research note on Friday, July 25th. Piper Sandler increased their price objective on CVB Financial from $24.00 to $26.00 and gave the stock an "overweight" rating in a research note on Monday, July 28th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $23.25.

CVB Financial Price Performance

CVB Financial stock opened at $19.07 on Tuesday. The stock has a fifty day moving average price of $19.68 and a two-hundred day moving average price of $19.21. CVB Financial has a 52-week low of $16.01 and a 52-week high of $24.58. The firm has a market capitalization of $2.63 billion, a P/E ratio of 13.15 and a beta of 0.71.

CVB Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Wednesday, October 1st will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Wednesday, October 1st. CVB Financial's dividend payout ratio is presently 55.17%.

Insider Buying and Selling at CVB Financial

In other CVB Financial news, Director George A. Borba, Jr. bought 53,567 shares of the firm's stock in a transaction dated Monday, August 4th. The shares were bought at an average price of $18.67 per share, for a total transaction of $1,000,095.89. Following the completion of the acquisition, the director owned 718,688 shares of the company's stock, valued at approximately $13,417,904.96. This trade represents a 8.05% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Anna Kan sold 11,000 shares of the firm's stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $20.35, for a total value of $223,850.00. Following the completion of the transaction, the director owned 31,593 shares in the company, valued at approximately $642,917.55. This represents a 25.83% decrease in their position. The disclosure for this sale can be found here. 6.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CVB Financial

Several hedge funds have recently added to or reduced their stakes in CVBF. Norges Bank acquired a new position in CVB Financial in the second quarter valued at about $28,320,000. Dimensional Fund Advisors LP lifted its stake in CVB Financial by 6.3% in the first quarter. Dimensional Fund Advisors LP now owns 6,758,075 shares of the financial services provider's stock valued at $124,752,000 after buying an additional 400,670 shares during the period. Nuveen LLC acquired a new position in CVB Financial in the first quarter valued at about $6,932,000. Victory Capital Management Inc. lifted its stake in CVB Financial by 21.4% in the first quarter. Victory Capital Management Inc. now owns 1,806,879 shares of the financial services provider's stock valued at $33,355,000 after buying an additional 318,882 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new position in CVB Financial in the second quarter valued at about $5,636,000. Institutional investors own 74.18% of the company's stock.

CVB Financial Company Profile

CVB Financial Corp. operates as a bank holding company for Citizens Business Bank, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals. It offers checking, savings, money market, and time certificates of deposit products for business and personal accounts; and serves as a federal tax depository for business customers.

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